New Zealand's July Food Price Index Falls as Meat Prices Drop

TODAY: Aug. 27, 2014 PUB DATE: Aug. 27, 2014

By Lucy Craymer WELLINGTON, New Zealand--New Zealand's food price index fell 0.7% on the month in July and was 0.1% lower on the year, Statistics New Zealand said Wednesday. "There were lower prices for meat in July as well as ...

German Consumer Confidence Expected to Decline in September

TODAY: Aug. 27, 2014 PUB DATE: Aug. 27, 2014

By Todd Buell FRANKFURT--German consumer confidence is expected to decline in September as international upheaval weighs on sentiment, a survey showed Wednesday, casting doubt on hopes that domestic consumption will offset export weakness in Europe's largest economy. The monthly GfK ...

Oil Futures Rangebound Ahead U.S. Stocks Data

TODAY: Aug. 27, 2014 PUB DATE: Aug. 27, 2014

By Eric Yep Crude-oil futures traded in a narrow price range in Asian trade Wednesday, with the U.S. benchmark largely unchanged while Brent crude recouped overnight losses. On the New York Mercantile Exchange, light, sweet crude futures for delivery in ...

French Business Confidence Falls in August

TODAY: Aug. 27, 2014 PUB DATE: Aug. 27, 2014

PARIS--Confidence among French manufacturers fell slightly in August as they became less optimistic about their outlook. Confidence among manufacturers dropped further below the long-term average of 100 to 96 in August from 97 in July, statistics agency Insee said. The ...

Euro Lower Against Rivals on Hopes for ECB Action

TODAY: Aug. 27, 2014 PUB DATE: Aug. 27, 2014

By Hiroyuki Kachi The euro is lower against major currencies in Asia trade Wednesday, hitting another fresh low against the dollar in nearly a year, amid expectations for quantitative easing and other steps by the European Central Bank. As of ...

Australian Construction Activity Falls in 2Q

TODAY: Aug. 27, 2014 PUB DATE: Aug. 27, 2014

By James Glynn SYDNEY--The value of construction work done in Australia, including building and engineering work, in the second quarter fell 1.2% from the first quarter to A$51.93 billion, the Australian Bureau of Statistics said Wednesday. The value of building ...

Net trade surplus at SEK 1.9 billion in July

TODAY: Aug. 27, 2014 PUB DATE: Aug. 27, 2014

Press release from Statistics Sweden 2014-08-27 9:30 AM Nr 2014:457 Exports, imports and net trade balance, July 2014: Net trade surplus at SEK 1.9 billion in July In July 2014 Swedish exports of goods amounted to SEK 86.9 billion, while ...

French Business Confidence Falls in August

TODAY: Aug. 27, 2014 PUB DATE: Aug. 27, 2014

By William Horobin PARIS--Confidence among French manufacturers fell slightly in August as they became less optimistic about their outlook. Confidence among manufacturers dropped further below the long-term average of 100 to 96 in August from 97 in July, statistics agency ...

MARKET SNAPSHOT: U.S. Stocks: Futures Rise Ahead Of Durables Data

TODAY: Aug. 27, 2014 PUB DATE: Aug. 26, 2014

By Barbara Kollmeyer, MarketWatch MADRID (MarketWatch) -- U.S. stock futures shifted slightly higher Tuesday, as investors readied for potentially more investment signals from durable goods, home prices and other data. Investors will be looking to see what the S&P; 500 ...

CURRENCIES: Dollar Lower Against Yen After Overnight Gains

TODAY: Aug. 27, 2014 PUB DATE: Aug. 26, 2014

By Hiroyuki Kachi The dollar was lower against the yen in Asian trading Tuesday, with some investors moving to lock in profits after gains overnight in the greenback. The euro, meanwhile, recouped earlier losses after briefly touching another fresh low ...

UK Mortgage Approvals Show Market Adjusting to Tighter Rules

TODAY: Aug. 27, 2014 PUB DATE: Aug. 26, 2014

By Jon Sindreu LONDON--U.K. mortgage approvals dropped in July but were higher than a year earlier, suggesting banks and borrowers are adjusting to stricter lending rules, the British Bankers' Association said Tuesday. The BBA said there were 42,792 new home ...

Australian Consumer Confidence Edges Higher

TODAY: Aug. 27, 2014 PUB DATE: Aug. 26, 2014

SYDNEY--Australian consumer sentiment improved last week, as consumers shrugged off recent poor economic data including the tick-up in unemployment to a 12-year high. The ANZ-Roy Morgan Australian Consumer Confidence index rose 0.9% to 113.5 in the week ending Aug. 24 ...

Iran's Oil Minister: Not Alarmed by Crude Price

TODAY: Aug. 27, 2014 PUB DATE: Aug. 26, 2014

LONDON--Iran's oil minister said Tuesday he wasn't alarmed by a recent drop in crude oil futures, reflecting a widely-held view among oil producers that prices are still at an acceptable level and their decline won't last. The remarks suggest members ...

Fewer U.S. Homes Underwater in Second Quarter

TODAY: Aug. 27, 2014 PUB DATE: Aug. 26, 2014

The number of homeowners who are underwater on their mortgages continued to decline in the second quarter, but the remaining pain is being felt disproportionately by owners of low-price homes, according to a report released Tuesday. About 28% of homes ...

Fewer U.S. Homes Underwater in Second Quarter

TODAY: Aug. 27, 2014 PUB DATE: Aug. 26, 2014

By Joe Light The number of homeowners who are underwater on their mortgages continued to decline in the second quarter, but the remaining pain is being felt disproportionately by owners of low-price homes, according to a report released Tuesday. About ...

MARKET SNAPSHOT: U.S. Stocks Rise; S&P 500 Makes Another Run At 2,000

TODAY: Aug. 27, 2014 PUB DATE: Aug. 26, 2014

By Victor Reklaitis and Barbara Kollmeyer, MarketWatch NEW YORK (MarketWatch) -- U.S. stocks notched modest gains in early trade Tuesday, with the S&P; 500 again pushing above the milestone level of 2,000. Investors watched for a reading on consumer confidenceafter ...

EUROPE MARKETS: European Stocks Continue Draghi-fueled Rally

TODAY: Aug. 27, 2014 PUB DATE: Aug. 26, 2014

By Sara Sjolin, MarketWatch LONDON (MarketWatch) -- European stock markets continued higher on Tuesday, adding to a rally from Monday driven by dovish comments from European Central Bank President Mario Draghi. The ECB boss hinted at Jackson Hole, Wyo. late ...